31345 PACIFIC COAST Highway
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2020 | Sold | ||
| Sold | |||
| Jun 16, 2020 | Listed by Pritchett-Rapf & Assoc. | $695,000 | |
| Listed by Pritchett-Rapf & Assoc. | |||
| Dec 16, 2018 | No longer available | - | |
| No longer available | |||
| Sep 14, 2016 | Listed | $795,000 | |
| Listed | |||
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2.4 Acres with active COASTAL DEVELOPMENT PERMIT and BUILDING PERMIT. Spectacular ocean view up and down the coast from this fully entitled private location, just off PCH. Tri-level modernist design by Vitus Matare with option for lap pool on top level. Ground has been broken on a 4,662 sq ft home with artists studio and garages at street level. Living and public areas at mid-level. Bedrooms on top floor with amazing views of Santa Monica Bay. Close to the newly constructed Trancas Center and Vintage Grocers. Perfect time for an owner builder to step in and select features and finishes. This is a wonderful opportunity to complete the build on this ocean view home. Update; Foundation/retaining walls/grading are currently under construction. CDP is close to being vested.
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Property Highlights
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About Western Malibu
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017